exactly almost the same which reply by wintoni last time ...
We refer to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 26 February 2015 querying the Company on an unusual market activity in relation to the recent rise in price and volume of the Company's shares.
On behalf of the Company, the Board of Directors hereby confirm that to the best of our knowledge and after making due enquiry with the directors and major shareholders seeking their views on the matter that is the subject of the query, we are not aware of any of the following that may have contributed to the unusual market activity:
1. any corporate development relating to the Group's business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion;
2. any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and
3. any other possible explanation to account for the unusual market activity.
The Company will make the necessary announcement to Bursa Securities of any material information in compliance with Rule 9.03 of Bursa Securities ACE Market Listing Requirements.
We refer to Bursa Malaysia Securities Berhad’s letter dated 20 April 2014 in relation to the unusual market activity (“UMA”) of the Company’s shares.
In accordance with Rule 9.11 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“LR”), the Board of Directors of the Company (“Board”) wishes to clarify that to the best of their knowledge and after having made due enquiries with the directors, major shareholders and such other relevant persons, the Company is not aware of any of the following:
1. Corporate development relating to the Company’s and its subsidiaries’ businesses and affairs that has not been previously announced that may account for the UMA including those in the stage of negotiation/discussion;
2. Rumour or report concerning the business and affairs of the Company and its subsidiaries that may account for the UMA; and
3. Possible explanation to account for the UMA.
Further, the Board wishes to confirm that the Company is in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.
UMA statement will cease goreng wave for short term, might see pullback in coming few days. BIO Alpha over performed these few days, should see correction soon, this is normal.
Dow & Nasdaq is up!!! Market is still bullish, every counter green tomorrow. No worries guys. Tomorrow Najib meeting starts, the bull will continue to charge!
@always_steady For my own finding, biotech companies normally making not much profit and it's very costly on doing the R&D. Thus, I strongly believe that PE ratio is nothing to do with biotech stocks. Please correct me if im wrong. We could learn together..
KUALA LUMPUR: BIMB Securities Research expects some spillover effects from China following its central bank’s move to cut its reserve requirement ratio by 1% to 18.5% estimated to release RMB1 trillion into the market.
stupid cimb. as if china ppls will pour fund into bursa. they have no time for bursa la so kitchit miao mkt.
hallo have u been to china or not? have u worked there? do u know how many big big big companies r international there? do u know china how big or not?
This counter can go either way. But my gut feeling is it will continue going up due to investor confidence in its main investor i.e MOF 51.4%, William Tan 33.6% and Datuk Seri Syed Zainal 1% , so free float remaining is only 14% to be spread amongst other institutionals as well as small fish like us. Total share issued was 100 mil at rm0.20 each. So it your guess.......
MY TARGET hit BIOHLDG... nice one it should continue up up and up.. by the way syndicate club will push censoft up in near soon, I am follow his call 3 time all making profit with in 3-7 days. just sharing and thanks http://klse.i3investor.com/blogs/SyndicateClub/73405.jsp
This is great news, more retailers knows about it n will join in the ride upwards! Market is still bullish..Dow up +206.63 Nasdaq +62.79. Free publicity for BIOALPHA ++++++
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Posted by pang72 > 2015-04-20 19:32 | Report Abuse
Copy and paste the Standard Answers...